PPK GROUP LIMITED — Director's Dealing 2006

Jul 16, 2006

PO BOX 176, ASHMORE CITY. QLD. 4214 PHONE 07) 5561 7154 FAX 07) 5573 1354

James Fay Pty. Ltd.Certified Practising AccountantABN 75 088 405 565

To:	Company Announcements	From:	James Fav
Company:	Australian Stock Exchange	Pages: 5
Fax:	1900 999 279	Date:	-17-Jul-06
Re:	Forms 604 and Appendix 3Y	CC:	N/A

Dear Sir or Madam,

In accordance with legal requirements we herewith transmit Form 604 and Appendix 3Y.

Should you have any queries please contact myself on 0414) 93 22 11

Regards

⁄James Fay

REF: FAX170706-2

C: Wiy Documents \Fax Standard - James Pay.dor

Form 604Corporations Act 2001Section 671B
	Notice of change of interests of substantial holder
To Company Name/SchemeACN/ARSN	PLASPAK GROUP LIMITED.003 964 181the company of the company of the company of the company of the company of the company of the company of the company
1. Details of substantial holder(1)NameACN/ARSN (if applicable)	Glenn Robert Molloy
There was a change in the interests of thesubstantial holder onthe previous notice was given to the company onThe previous notice was dated2. Previous and present voting power	14,07,06 / unknown .

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Ferson's votes	Voting power (5)
ORDINARY	unknown		7161420	10.56

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since thesubstantial holder was last required to give

Date ofchange	Person whoserelevant interestchanged	Nature ofchange (6)	Considerationgiven in relationto change $(7)$	Cass andhumber ofsecuritiesaffected	Person's votesaffected
14107 141	G.Molloy	On-MarketPurchase	€70,102	96030ORD.	96,030

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder ofrelevantinterest	Registeredholder ofsecurities	Person entitledto be registeredas nolder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Ferson's votes
G. Molloy	Corso Investments Corso Investments		ORD SHARES	6,892823	6,892,823
$6.$ Molley	Wavet Fund No. 2 Wavet Fund No 2		ORD SHARES	231,007	231.007
$6.$ Mollow	Bualth, Dispensence aughty Disp.		ORD SHARES	37,590	37,590
	$5 - 2e$	المرسيةSuper

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
	$not$ applicable.

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Glenn Molloy	Ashmore City, Old, 4214$B \infty$. 176٢ο

Signature

JAMES FAYprint name	SECRETARYcapacity
sign here	date $17/07/2006$
DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to $(1)$ throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $\langle 3\rangle$
• The voting shares of a company constitute one class unless divided into separate classes. $(\Lambda)$
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• Include details of: $6$
  • any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 6718(4) applies, a copy of anydecument setting out the terms of any relevant agreement, and a statemen $(a)$
  • ary qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to $\left(!!\left.!!\left.!!\left.!!\left.!!!\right.!!\right.!!!\right)_{!!!0}!!\right)$ which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• Details of the corsideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, becomine $\left( 7\right)$ entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the subst the relevant interest was acquired.
• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown". $(8)$
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(9)$

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity	PLASPAK GROUP LTD.
ABN	65003964181

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	GLENN MOLLOY
Date of last notice	unknown.

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

INDIRECT
Wavet Fund No. 2 Pty Ltd.Samtyl Investments Ply. Ltd.Quality Dispensors Super Fund Pt. Ltd(Director of these companies)
14/07/2006
7,065,390
ORDINARY FULLY PAD.
96,030
nil
$70, 102
7, 161, 420
ON-MARKET TRADEExample: on-market trade, off-market trade, exercise of options, issue of

+ See chapter 19 for defined terms.

$\mathbb{R}$

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract	$\sim 1$
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relation towhich the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation
Interest after change

$\overline{\phantom{a}}$

$+$ See chapter 19 for defined terms.